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Hackers stole personal information belonging to over 1 billion Chinese citizens. ChinaDan, an anonymous hacker who goes by the pseudonym claims to have stolen the information and is offering it for sale for 10 Bitcoin.

Hackers are selling the personal records of Chinese citizens that were stolen in a cybersecurity breach. This breach allegedly targeted a database belonging to Shanghai National Police (SHGA).

Over 1 billion Chinese citizens’ personal data was exposed in a security breach that occurred in 2022. It has been made available for sale both on the dark and open web. It includes names, addresses and sensitive details such as mobile numbers, government ID numbers, and mobile numbers.

An anonymous hacker known as ChinaDan claims to be and wants to sell the stolen data in return for 10 bitcoins ($200,000). ChinaDan posted the offer to Breached.to (a hacking forum used mainly by black-hat hackers).

Changpeng Zhao , Binance CEO, stated on Twitter that the exchange’s threat-intelligence systems had detected that 1 Billion resident records were being sold on the dark internet. According to the exchange, it has increased its verification of those affected by the breach.

Zhao said that ElasticSearch, an enterprise-popular search and data analysis tool, may have been faulty in its deployment.

The Block was informed by Kenny Li, co-founder of web3 privacy platform Manta Network that the breach could have serious implications for crypto industry. Li stated that the stolen data could be used for phishing attacks to gain keys or unauthorised access to applications such as centralized exchanges.

The post Hacker Who Stole Data of 1 Billion Chinese Citizens Demands 10 Bitcoins first appeared on The Daily Encrypt.



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Angie Byrd